Tagged: puerto rico

September 21, 2022 @ 9:31 pm By JD Alois  |  

FV Bank, a digital/digital asset bank, has integrated USDC, Circle’s dollar-based stablecoin. The new service enables account holders the ability to instantly convert USDC into US dollars at the moment of deposit. FV Bank is a US-licensed bank based in Puerto Rico where it is… Read More

October 29, 2021 @ 7:58 am By Omar Faridi  |  

FV Bank, the fast-growing U.S. licensed international challenger bank and digital asset custodian, has confirmed that it has been approved as a Principal Member of Visa. As mentioned in the announcement, this is an important milestone in further solidifying FV Bank as a key market… Read More

October 20, 2021 @ 9:05 am By JD Alois  |  

FV Bank, a challenger bank and digital asset custodian, has received a strategic investment from NGC Ventures.  The investment and partnership is expected to help drive FV Bank’s expansion throughout Asia. FV Bank said it raised USD $8 million as part of the funding round,… Read More

August 30, 2021 @ 11:42 am By JD Alois  |  

FV Bank, a digital bank with a focus on digital assets, has raised $8 million in a Series A funding round according to a company release. The funding will be utilized to launch a digital asset custody solution, a debit card along with international expansion…. Read More

June 27, 2021 @ 8:36 pm By Omar Faridi  |  

Walmart (NYSE: WMT) and Green Dot (NYSE: GDOT) recently revealed that the Walmart MoneyCard that’s issued by Green Dot Bank is now being provided as a demand deposit account (DDA) – which may be better equipped to assist Walmart clients with saving more money and… Read More

November 30, 2020 @ 8:08 am By Omar Faridi  |  

  We recently connected with Luke Stokes, Managing Director for the Foundation for Interwallet Operability as well as the Interim Executive Director for the EOS Foundation, which is focused on supporting the development of EOS, a major platform for building decentralized applications (dApps). Stokes says… Read More

January 3, 2020 @ 5:03 pm By Omar Faridi  |  

Puerto Rico-based digital bank First Finance International Bank (FFIBI) has reportedly partnered with the Australia-headquartered Seafarer Foundation, in order to offer online payroll and card services for the marine industry. By working cooperatively with FFIBI, the Australia-based foundation has launched a General Purpose Reloadable Multi-Currency… Read More

September 11, 2019 @ 11:26 pm By JD Alois  |  

Digital challenger bank Zenus Bank wants to be one of the first banks in the United States to service a global clientele. The San Juan based operation is said to be nearing launch, currently scheduled for Q4 of 2019, and in advance of this event,… Read More

June 11, 2019 @ 9:48 pm By JD Alois  |  

Digital challenger bank Arival is now accepting reservations for preferred stock on SeedInvest. Arival will be a crypto-friendly bank – unlike most traditional banks in the United States which tend to be crypto-averse. The bank was founded on the notion that banks in many places… Read More

May 23, 2019 @ 6:16 pm By JD Alois  |  

Iconoclastic crypto-preneur Brock Pierce is taking advantage of new legislation enacted in Puerto Rico to help rebuild the island since Hurrican Maria hit it hard. Recently, the Governor of Puerto Rico Ricardo Rossello has signed into law a bill that creates Qualified Opportunity Zones (QOZ)…. Read More

March 17, 2019 @ 1:45 pm By Martin Baker  |  

George Joyner has Puerto Rico in his blood. The Commissioner of the Office of Financial Institutions is a veteran player who has spent his whole career in the fast-growing banking and, latterly, FinTech industry in the US territory of Puerto Rico, with the exception of… Read More

March 6, 2019 @ 4:29 pm By Martin Baker  |  

Kinetic International is the new kid on the banking block. After years of diligent wading through a complex and often trying regulatory approval process, Kinetic CEO Michael Williams heads up the first international private bank that is both fully compliant with US banking regulations (it… Read More

September 26, 2017 @ 10:49 am By Samantha Hurst  |  

Following Hurricane Maria’s devastating impact on Puerto Rico, crowdfunding platform GoFundMe announced it has launched a centralized hub for campaigns dedicated to those affected by the massive storm. “Hurricane Maria hit Puerto Rico as a category 4 storm and has devastated the island. In response,… Read More

September 25, 2017 @ 9:50 am By Samantha Hurst  |  

Over the weekend, music sensation and Puerto Rican native Ricky Martin has launched a Hurrican Maria Relief campaign on crowdfunding platform YouCaring to help those affected by the devastating storm. While sharing details about the initiative, Martin stated: “Puerto Rico is going through one of the toughest… Read More

April 20, 2017 @ 12:22 pm By Samantha Hurst  |  

Biz2Credit announce on Thursday it has formed a partnership with Puerto Rico’s Oriental Bank to help develop a digital lending platform for the bank’s commercial clients. According to the Biz2Credit, Oriental Bank will be considered the first bank in Puerto Rico to engage commercial clients through… Read More

April 20, 2013 @ 6:32 pm By JD Alois  |  

Quikfix Holdings (UK), Brigands and Barbarians RPG and Steel Bridge Team (Puerto Rico) Keep them coming.  We love to hear about all of your crowdfunding projects. Successful or not we admire each of you that puts for the effort to crowdfund your dream, business or… Read More

March 13, 2013 @ 10:02 pm By JD Alois  |  

A group of local entrepreneurs, motivated by the desire to solve their own project financing challenges, have launched Antrocket.com, Puerto Rico’s first rewards based crowdfunding platform. “We want to redesign society with Antrocket by promoting collaboration, accountability and transparency. We figure that, if we act more like… Read More